- Haranga Resources (ASX:HAR) recently wound up auger drilling at its Senegal acreage prospective for uranium
- Shallow drilling confirmed what geo techs thought: that more substantial drill targets were waiting to be found
- Those drill targets are now slated for an RC drill run in the coming weeks
- Shares last traded at 23 cents
Haranga Resources (ASX:HAR), a uranium microcap explorer listed on the ASX but working in Senegal, West Africa, has confirmed new drill targets on-site.
Those drill targets are set for a stab with an RC rig after being firmed up by topsoil-level auger drilling.
Mid-February will see the rig fire up.
The results of that latter campaign indicate enough for Haranga’s geotechs to go ahead with confidence they could be looking at a substantial underground mineralised uranium deposit.
No less than 288 different auger holes were completed with the company reporting “significant anomalies”.
Two prospects of interest
These anomalies covered two prospects: Mandankoly, and, Sanela respectively.
The former boasts the larger point of interest for the Geotech team, according to Haranga, which cited values up to 98ppm uranium.
Similar grades were found at Sanela. Worth remembering is that low grades are typically less important than how much ore the company can lay claim to.
Management comment
The company did not give an exact indication of when RC drilling can be expected – only “shortly” – but metallurgical test work results are due back in late Feb.
Auger drilling will continue at these sites to further flesh out the targets for the RC drilling that is due to restart in mid-February.
“Auger drilling will continue at these sites to further flesh out the targets for the RC drilling, that is due to restart in mid-February,” Haranga Managing Director Peter Batten said.
“All four stages of Haranga’s exploration process are underway at Saraya,” he added, referencing the geotechnical team’s ‘four-stage’ strategy to penetrate surface laterites “that mask the geology beneath.”
HAR shares last traded at 23 cents.